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BookMyShow raises $100 million in Series D funding

business Updated: Jul 18, 2018 15:16 IST
Reuters
Reuters
Reuters
BookMyShow,Bookmyshow fundraising,bookmyshow funding

Ashish Hemrajani,CEO and co-founder of Bookmyshow.(Satish Bate/ Hindustan Times)

Bigtree Entertainment Pvt. Ltd., which owns and operates online ticketing portal BookMyShow, announced on Wednesday it has raised $100 million in Series D funding led by TPG Growth, the middle market and growth equity investment platform of alternative asset firm TPG.

The round also saw participation from existing investors.

The fresh infusion of funds will fuel BookMyShow’s growth plans, said a press release sent out by the company.

“BookMyShow is excited to welcome TPG Growth as our newest partner. They bring with them extensive experience across the global media and entertainment sector, which will be instrumental as we look to accelerate our growth plans in this space,” said Ashish Hemrajani, Founder and CEO, BookMyShow.

First Published: Jul 18, 2018 13:24 IST